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2237 S Olden Avenue

HAMILTON, NJ 08610
  • $1,450,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: NJME2047846
UPDATED: 41 min ago
$1,450,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1965
County:

School Ratings & Info

School District:

Description

Situated on a corner lot in Hamilton Township, this Shell-branded gas station presents a compelling investment opportunity. The station features eight pumps and three service bays, which are fully equipped with two rotary lifts and an alignment lift, maximizing additional revenue. The current owner has been a key figure at this location since 1986, first through a lease and then as the owner since 2011. The property was remodeled in 2008, and the pumps were refurbished in 2024, ensuring that the station operates with modern and reliable equipment. Both the business and the property are included in the sale, providing the new owner with the flexibility to structure any future lease opportunities. With a cap rate over 12% and a solid financial foundation, this property offers a strong return on investment. Information, including profit and loss statements, will be provided upon signing a Non-Disclosure Agreement (NDA).

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-04T15:57:12.227.
www.rowackrealestateteam.com/homes/153944942
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2237 S Olden Avenue HAMILTON, NJ 08610

  • Price: $1,450,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 41 min ago
  • ID#: NJME2047846
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1965
Built
Neighborhood:
Hamilton Twp (21103)
County:
Mercer
Area:
Hamilton Twp (21103)
School District:
Hamilton Township
Property Description
Situated on a corner lot in Hamilton Township, this Shell-branded gas station presents a compelling investment opportunity. The station features eight pumps and three service bays, which are fully equipped with two rotary lifts and an alignment lift, maximizing additional revenue. The current owner has been a key figure at this location since 1986, first through a lease and then as the owner since 2011. The property was remodeled in 2008, and the pumps were refurbished in 2024, ensuring that the station operates with modern and reliable equipment. Both the business and the property are included in the sale, providing the new owner with the flexibility to structure any future lease opportunities. With a cap rate over 12% and a solid financial foundation, this property offers a strong return on investment. Information, including profit and loss statements, will be provided upon signing a Non-Disclosure Agreement (NDA).
Exterior Features

Construction Materials Block Garage YN No Location Type Corner Lot/Unit Parking Types Parking Lot Property Condition Good Roof PitchedShingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1624.00 Cooling Ductless/Mini-SplitWall UnitMulti Units Exclusions Storage ContainersTrailerConcrete BlocksFork Lift Flooring Concrete Heating ConvectorWall Unit Heating YN Yes Net Square Feet 1624.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel Electric Cross Street Whitehorse Mercerville Road Electric 200+ Amp Service Foundation Details Slab Heating Fuel ElectricNatural Gas Hot Water Natural Gas Lease Considered YN No Municipality HAMILTON TWP Navigable Water YN N New Construction YN No Number Of Units Total 0 Operating Expense Includes AdvertisingCable TVElectricHeating/CoolingInsurancePest ControlRepair/MaintenanceSewerSnow RemovalTrashWaterOther Original MLSNumber 803308210312 Ownership Interest Fee Simple Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 17066.00 Tax Lot 00006 Transportation Bus Stop less than 1 mile Vacation Rental YN No Water Source Public Year Built Effective 2008 Zoning COMMERCIAL

Listing courtesy of ERA Central Realty Group - Bordentown: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-04T15:57:12.227.
 
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eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042